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's not only bad for the economy, but hurt the environment as well. "varney & company" is about to begin. karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> good morning, "varney & company," viewers. today is monday, january 7th and gerard depardieu, well, he's welcomed to russia with open arms and here, we're going to welcome with you open arms, with sandra smith and on the floor of the new york stock exchange, of course, nicole petallides. hey, you remember the cash for clunkers, that 2009 government program that gave people money, a the lot of money to buy more fuel efficient cars if they traded in the old gas guzzlers, as i
patronage. that environment created an atmosphere as well in which the islamic opposition could take greater root and was, essentially, you know, became more or and more vir you lent. there were a number of events which because of our lack of understanding of what was going on in libya would in retrospect signal a, you know, to people who were watching this that things were not going well in libya, that essentially the people were getting increasingly frustrated with gadhafi and had the potential to be, to explode. you have the -- another seminal event was the pass kerr in -- massacre in 1996 in which 1250 people were killed. this was by gadhafi's head of -- under the supervision allegedly of gadhafi's head of internal intelligence. this was very important because the victims of that massacre were primarily political prisoners and from the eastern part of the country. and the east, you know, in a very tightly-knit tribal society an act of that magnitude basically created a cascading resentment which came to haunt gadhafi, basically. this was -- that was a major event in creating resentment a
fourchlg the taliban, to try to reshape the environment there, and to try to maneuver the various players in the region towards negotiated outcome because there was no military outcome. that seems not to have gone well. in the absence of that, what is the strategic course? the strategic course is now to minimize american vulnerability in these areas. not walk afrom afghanistan, as has happened in the past. try to give afghanistan some choices, but for security and to try to get away from what i think is the free riding problem where president obama is free riding on security, and not moving governments forward to get other stake holding in the rest of the country. i think the president has moved that security blanket in part to change the dynamic in the region. he is also committed to rebalancing attention on asia, and he is taking military forces out should they be needed for iran and other matters. this is a very shrewd, smart move that i think the wlous is making. >> now, what we're seeing here, as well, is that they -- we just -- we're told that there's a two-minute warning. they do n
they are going to be different given the political environment? >> in the past decades, cops have been marginalized, but after the revolution, cops have started to express their opinions freely. previously cops would protest inside the cathedral, but after the revolution they go outside of the state tv building. this is one of the positive goals. from my and i will try alongside all the bishops and priests to focus on the spiritual role of the church followed by the social role. therefore the political role will have no role left except to continue partisan politics. >> is it the tendency to try to pull the church out of politics? >> indeed, the church needs to remain out of politics. the church as a spiritual establishment. that is the primary role. it is also a social role to help with construction of services and schools and so on. >> banks are being allowed more flexibility in a crisis. they will have more assets that will be easier to turn to cash if they have problems. regulators still want banks to hold enough cash and assets they can sell quickly in case they run into trouble.
, not dumping chemicals bad for the environment, a growing vegetables, how can that be something in violation? >> is a head scratcher. the municipal code is about political power. and right now stay at home gardening is on the rise so more cities will overturn the code but do we want to fight to grow our garden? gerri: it should be a given. more and more cases like this house are the courts responding? >> it is heartening. it is disturbing because property rights are a cornerstone of liberty you can say this is mine and you cannot say anything about it. with eminent domain of use and the epa is a huge violator have been doing a pretty good job they have been slapped down to the epa because they declared someone's land a wetland in you cannot challenge this while be fine you $75,000 per day. gerri: we heard about that. i knew about them in the domain. good reasons and very bad reasons. can and should americans fight back? >> absolutely. politics is messy but one rule is they will find the easiest path to get what they want. there is the case next week involving a guy who had a permit the city
, a has been is missing but with children, have protection concerns in a can't environment or in an urban environment. and so we will look at that population and want to identify those, those people. sometimes people with medical conditions, they can't be treated in a camp. and makes them again more vulnerable and we will look at those populations. so it's kind of a broad array of vulnerabilities that we try to assess. >> ms. strack and, therefore, could you identify, we're talking about those who are eligible for consideration. there has been an identification of an emphasis on those who have participated in assisting the united states efforts either in the military intelligence, otherwise, nongovernment organizations have been put themselves into some peril. what is the distinction between those who are humanitarian versus those who have performed to the benefit of our interests and are therefore being given consideration because of the exposure that may result from that service? >> i would say the programs working in several ways to address both humanitarian concerns and those who work
an environment of better economic growth. rates might go higher. we think the immediate part of the curve is probably the safest place for the investors who are looking or think rates might be going up. then the other is you need to play the revenue space. there's a lot of high quality credits out there. but the yields are low. you're not really getting compensated. from a risk reward perspective, like health care and transportation, like housing and education offer a lot of value with not a lot of risk. >> so tell me how the fed plays into all of this, peter. there was all that noise last week about the division among fed members on how long the stimulus program should continue or will continue. if rates stay low and they don't fall any further, what's the impact of the growth in the muni bond market? how does that play into it? >> that's a great question. that's one we're talking about here as well. i think it's important to realize that the fed was only beginning to talk about having a debate or a discussion about removing that qe. so they've been anchoring on the long end of the marke
dangerous environment. >> reporter: so far searchers have come up empty, but they hope he's stuck in a tree or lost and waiting to be found. clayton sandell, abc news, denver. >> clayton, thanks to you tonight. >>> we'll move on to the biggest headline in sports right now. alabama and notre dame, the bcs championship. and the audience will be as giant as the game. "good morning america's" josh elliott is there. ♪ >> reporter: it's the super bowl of college games, a national championship arguably as anticipated as any in the sport's history. >> to be the best, you've got to beat the best. >> reporter: number two alabama playing for their second straight national title and what would be its third in four years. and so a dynasty in the making. >> to win another one, oh, man, it speaks highly of our program and what we do around here. >> reporter: standing in their way? a resurgent and unbeaten notre dame, looking for its first national title in a quarter century. >> it would be a good time for us to win this championship. >> reporter: the fighting irish stand on history's doorstep thanks in
and suing each other? >> yeah, not suing each other, but in a very, messy policy environment, and i just want to add one thing to this, and i don't know whether we disagree on this, but you see this more and more frequently that the administration, precisely because it knows that congress won't do anything, makes policy by official announcements of law enforcement, so we're going to have our own de facto dream act which congress refuses to enact by administrative law enforcement. that's very clear example of the dynamics here. you might see the same thing in drug enforcement, not going to enforce it, period, because congress won't enact a law to that effect. i find that sort of to go much beyond the ordinary exercise of administrative and executive discretion in law enforcement. it's policymaking by law enforcement which is to my mind a very, very -- in the teeth of congressional statutes to the contrary, i there are real policy difficulties with that, but there are also real constitutional problems with that. it's just sort of one more sign off dysfunction. >> not the way things are sup
that come with that. the stewardship of the environment. we have enormous interest of course in our own resources, our people. in fact, 40% of canada's landmass is above the 60th parallel, yet we all have roughly 100,000 of our 34 million people living there. so it is an enormous challenge, obligation, even to continue to exert the sovereignty, search and rescue. at this time of year is becoming dark 24 hours a day. you have temperatures to plummet below 50 degrees celsius. and you have opening waters and changes that are going to create a lot of challenges because more people simply are going to go there, and more countries have exerted or expressed an interest. you mentioned china. there are many others that want to be part of this council. to your question about the obligation, i think it comes back to people playing by the rules and respecting the fact that there are places when disputes arise, as is the case with canada and the united states impact on the bering sea. some of the bordering areas of the arctic. i think there is a recognition that countries that adhere to a rule of a
campaigning for the environment. he says becoming a grandparent just makes that more important. he also says he worries every night because his sons don't just honor the military, they serve in it. in a rare interview, prince charles says he feels he will have to answer to his royal grandchild on the state of the environment. >> you are soon to be a grandfather for the first time, so many congratulations. >> i don't want to be confronted by my future grandchild, why didn't you do something? it makes it even more obvious to try to make sure that we leave them something that isn't a total -- >> reporter: environmental causes, something he shared with his children, growing organic vegetables on his farm and recently had an endangered frog named after him. >> we present you with a frog. >> reporter: but prince charles heir to the throne is also a military parent. immediate worry is prince harry serving as an apache helicopter pilot in afghanistan. in september his base was attacked by the taliban. it's his second tour of duty. >> if you are a parent or, you know, relation and the person is away
you would look at the material? >> we are all products of our experience, of our environment where we come from. i have been tempered by that experience about war. what war means, the consequences, who has to fight it. all of that experience is part of me and how i look at policy, how i look at our foreign policy, how i look at our military policy, how i judge consequences, how the world sees us, their trust in our purpose, in our power. no question that much of the questioning i've done about iraq even before we went in was conditioned tempered by that experience in vietnam. and whatever i will do in my life, whether it's in politics or outside, those experiences shape me just like anyone who has gone through war, those experiences shape you very much. one of the things it does is it makes you less inclined i suspect to jump into war. it's easy to get into war, not very easy to get out as evidenced by the johnson tapes. and you need to think through these things. diplomacy is critically important especially in the world we flive today. i think something else is important here and cer
contracts, for fostering a lot of the corruption in the country. so this is the environment in which president obama and president karzai will be meeting, trying to hammer out some agreement. on the other hand, president karzai would probably be well served by a larger u.s. presence in afghanistan because the more u.s. troops you have there, the more afghan soldiers they're going to train, the better equipped the afghan force is going to be. so again, this is going to be a really tough set of negotiations to see where that number falls. i can tell you, just in the last day or a couple days, i'm hearing more and more that that 6,000 figure is way more likely than that 10,000 figure. >> i suppose either way, numbers of troops is one thing, amounts of money is another. afghan military we've helped bill up cost way more than the afghan government is able to afford, it's billions of dollars still have to go in. >> reporter: yeah. they're owing to have downsize the military. they were building up the afghan military to sort of push back the taliban. but it was always clear that at some poi
environment go away. mike mipg travis, what happens in your business in this coming year? >> we had two huge rollouts the left model for chord buddy 20% of people are left handed the classical model for chord buddy will not happen. we will not get the breaks that we needed to write off that money, you know, tax wise. >> let it's not there anymore new product somebody has got it to build if it and ship it and sell it it's several jobs down the line that went happen because you don't have the money to make that work. >> right. >> all right. and, john, you talked about there may be fewer folks out on the road with you. >> yeah. that means what happens to those people? where do they go? what can they do? >> it's that effect of people losing jobs. and, you know, it's -- i mean, it's a painful thing to let somebody go that you have been working with for years and years. especially in music and what i do. that's part of what you do. it's part of your sound. at the end of the day you are looking at your paper and looking at your numbers. and i'm not going to run a business in the red. i'm not going
a clunker for the environment. they say the program produced tons of unnecessary waste while doing little to curb greenhouse gas emissions. the emphasis was on car shredding and not recycling even though they say cars are almost completely recyclable. if they had recycled just metal and plastic it would have saved 24 million barrels of oil. department of transportation deemed cash for clung ears success. >> welfare recipients are taking out cash at new york strip clubs liquor stores and x-rated shops and presumably spending it there. they looked at 200 million or ebt records. the food stamp programs bans purchase of booze and lottery tickets with ebt card but cash assistance and is intended to spent on housing and utilities and household necessities can be obtained at atms. a senior fellow says, quote. i don't blame riptsd, if you are poor, its crummy life and you wanted to have a drink or see a naked woman. i blame the people who are in charge of this. >> a massachusetts democratic governor is downplaying the news his state cannot locate 19,000 people who have either been receiving welfa
can do is create an earn virn. where -- environment where good and responsible parents can become children become good and responsible adults. >> bill: the bill may open the bill to more drunking driving cases. this doesn't make drinking and driving. some have exceptions to the 21 and over law in states. such as allowing kids to drink at home. we are hearing president obama is about to make pick tim geithner. bumpy ride on capitol hill. the details on that lye from the white house. plus, how the fight over the fiscal cliff could delay your tax refunds. look out now. ÷÷ what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. >> shepard: the bride and groom's big day got off to bumpy start when hot air balloon crashed moments after they said i dos. here it is. >> positions, everybody. brace. h
to take care of the environment. >> and our response to that s we have no problem with the protection of the environment and wettelands but if it is a public good the entire public should have to pay for it. you shouldn't force one property owner to bear the entire burden of playing for that. >> shannon: to get the permit that he wants to fix the land. do you you feel like you you have is taken on something that is a bigger fight for all americans, all landowners. >> definitely. this affects, of course, not only us and we are in the final stages but it affects any one in the state of florida who owns property. and as far as that goes in this country who owns property because if you assuming that we do come through this successfully it will at least hopefully stop this flood of government regulation and taking land. >> shannon: at this point do you feel like it is a fair fight, the individual land own oar versus the government? do you feel like there is a balance of powethere or not? >> if i had warren buffett's money it would be fair. there are two aspects. number one the financial an
flood of cuts and for that kind of an environment you don't need somebody who's an outsider who doesn't have the practical experience and who's makedly ambitious for the job. what i don't get about this is the deputy secretary of defense ashton carter has all the experience in the world. he's a loyal democrat. he's done a terrific job. and the undersecretary of defense michel flonroy is trusted throughout the military. the president had people loyal to him with the qualifications and gone to an outside person whose reputation is that of a maverick who makes off the cuff decisions and i think that's very bad for defense department and for our security at this particular time in history. >> well, let me ask you on that issue of being an outsider. some say that's what's needed. i'm not so sure how outside he is but someone who's ambitious might be what you need considering the politics necessary in the defense department and the fact he's -- the president is reaching across the aisle to the republicans to supercede the choices you mentioned but have at it. >> okay. i have very little to
-- a hospital operating room so they would have to have the ventilation system for a sterile environment even though one is not needed to perform an abortion. they would have to have regulated widths for hallways and doors for abortion clinics. and this is another one that is rather interesting, there would be a minimum number of parking spaces required for abortion clinics. so these are all sort of the nitpicky ways that conservatives have used, you know, local laws, state laws, to restrict a woman's right to access to preventative care. >> and, you know, maria teresa, to jonathan's point, many of these clinics that so upset social conservatives offer, as you know, a wide variety of health service. for instance, screenings for various kinds of cancer. what is it about helping often poor single women that so upsets conservatives? >> well, i think you hit the nail on the head, martin. the conservative folks going after a woman's right to choose, and it's the extreme right, they are basically talking both sides of their mouth. at the same time they don't want preventative care. they don't want
. what sort of environment are we looking at in terms of what assad might do next? >> it is extremely chaotic and unpredictable. because of the internationalization, much has been said this is part of war. with the money coming into it and the weapons, money from the gulf country to the rebels. it is a regional conflict. the fighting is taking place and has regional complications. >> chemical weapons. i believe his statement is he said earlier he is alluding to the chemical weapons and said it could involve u.s. troops saying you have to keep the possibility that if there is a peaceful transition and international organizations get involved that they might ask for assistance in that situation. so defense secretary paneta discussing troops and the weapons. >> for u.s. and israel, they hinted at the fact that they would use force if they needed to ensure them is it falling into the hands of people that could be dangerous. dictators use chemical weapons. in a moment of desperation if this regime feels its back is against the wall and time is running out it may resort to the weapons. >> h
they become violent and help create the positive environments in schools. >> legal la mcdowell, the advancement project. great to have you on this morning. >>> coming up, the power of prayer. the atlanta pastor that was picked by president obama to deliver a benediction at the obama inauguration. coming under fire for a sermon that he gave in the '90s which may have given him a disinvite. >> did you look at his signature? >> not that i'm aware of. >> that is jack lew, the president's nominee for treasury secretary. what we know about him besides that weird looking signature? >>> and does president obama need a binderful of women or is that overblown? tweet me @thomasroberts. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so co
problem or not. they get very upset because they don't. they have been destroyed by our food environment. i think these studies will come together and show that we have a couple addictive things, just like cigarettes. which sounded crazy a long time ago that people would say junk food would be linked, parallel to the tobacco court rulings. but, you know what, we're going to get there. i'm sure of it. >> well, you know, be prepared to hear from the corn refiners association. >> soda pop industry, come at me, too. tell me you're not selling complete poison. some nutritional value in pepsi. something in orange soda adds value to our diets and our body. don't look at me. what's wrong with you? >> let's all go out after the show and have some twizlers and talk this through. >> these are the things we have been eating for decades and drinking for decades and then we have an obesity crisis and we can't make the link? >> it's very possible the science will take us there. we do know where the science is for sure which is a diet on whole fresh fruits and vegetables primarily with small amounts of
the environment and a ban will lead to job losses. >>> starting tomorrow san francisco schools will offer healthier options for lunch. oakland-based company revolution foods food contract survived a legal challenge allowing the new menu to be put in place. >> it's been about a year since a lone gray wolf wandered from oregon to california. the wolf known as or-7 is currently wandering northeastern california. the animal is believed to be the first wolf to roam within the state since 1914. 1924. o-7 has wandered a total of 3,000 miles. scientists think the wolf may be looking for a mate or a new pack. >>> tomorrow is moving day for the san francisco exploratorium. the named science museum closed it's doors last week. its exhibited will be packed up and taken to the exploratorium's new home at pier at the embarcadero. >>> help is on the way to the victims of superstorm is any. >>> could more rain be on your way for your workweek? our meteorologist mark tamayo has your complete bay area forecast. so we could head back to the dealership. [ male announcer ]it's pra. test drive! but we still n
, will that maybe prevent you from being more bullish in this environment because there is still so much uncertainty? >> you know what? i think politicians are starting to realize they can't play this jousting match they have been having with the last debt ceiling, the fiscal cliff which is behind us temporarily. so i think when they come to the table with a solution, the markets are going to rally just like they have in the past. i think they're going to come up with a solution but until there is a solution, until there is something, i think we'll see some volatility. but i really think they will come to the table with a good, solid solution. it will give republicans a chance to put their foot down on some of these, on some of this public spending. and it is going to be positive for the investor. ashley: bob, let me finish with you. you like emerging markets. people say that a but which market in particular are you particularly hot on right now? >> well, actually we think china is poised to begin growing faster than expected again. pmis came out last month and they're above 50 again and i think the
. it will focus on the low interest rate environment and we'll see a pop in these commodities again. is that your play? >> gold is special. i think, don't think of gold as a commodity. think of it as a currency. i think that is what the world's fourth or fifth currency, it will gain more popularity. everyone wants to deflate their currency. other commodities we need a stronger economy. could be second half play. could be somewhere out next year. i'm, i'm the equity strategist. i don't claim to be an expert on this. there is value there. we'll start with oil. i think gold is different. other commodities will come along later on. ashley: scott is the race to debase across the world really and it has been going on for some time. gold has not really responded in the rate you think it would. what do you, what is your thought on gold and where it goes from here? >> we're in really not that interested in gold right now. ashley: no? >> i think it's going to pretty much flat line from here and it's just something that moves in the rest of the year along with any political moves. same way we're cautiously
to their environment, office furniture, software needed -- which nevwhenever thy to support the core for environment. at that time i was hired with the company. i was working seven days a week nonstop as all over corporations were installing $15 million systems like you would go out and buy a pack of gum. i think taxation against large corporations is what is part of our problem in this country right now. i believe if we would give them an incentive to be able to do that got onhighere and penalizing them for being successful, i think we would have a lot better environment economically. basically this all ties to the tax deductions that everyone is looking at, and i heard rumblings of a simple tax. well, we're not in a position right now to offer that. it sounds like a great idea, but something that would have to evolve over time. my point i am trying to make on the obama care thing, and i did not mention that, but i feel it they had a corporate tax, not a loophole, but basically a did nation tax, corporations could do a fund that would support a medical plan and the country, we would not have the co
. it costs a lot of money. in this case it is also costing the environment. >>steve: thanks for the cheery report. >> i was at the redskins game so i'm in a bad news. i'm hosting varney together. we're going to have grover norquist. we're going to give him a heart time because i say this fiscal cliff might have been his waterloo. >>steve: in a couple of minutes, the former marine who wrote a scathing letter to dianne feinstein will join us live. >>gretchen: matt damon wants us to believe that fracking is bad in his movie but a secret report says no fracking way. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment informati
environment go away. >> mike: all right. travis, what happens to your business in this coming year? >> we had two huge rollouts and the left-handed model for chord buddy, 20% of people are left-handed and the classical model it's not going to happen. we will not get the breaks that are need today write off that money tax-wise, it's not there anymore. >> mike: new product means you've got to manufacture more, means somebody's got to build it, somebody's got to ship it, somebody's got to sell it, so it's several jobs down the line, that won't happen because you don't have the money to make that work. >> right. >> and john, you talked about may be fewer folks out on the road with you. >> yeah. >> mike: what happens to those people, where do they go? what can they do? >> it's that effect of people losing jobs. and i mean, it's a painful thing to let somebody go that you've been working with for years and years and especially in music and what i do. that's part of what you do and part of your sound, but at the end of the day looking at your papers and your numbers and i'm not going to run a busine
this election for you in a tough environment. hold your noses, vote for me even if you're not 100%, and i can win the white house. that's how bill clinton won in 1992. he took on a ton of liberal constituencies, but because the democratic brand was damaged in '92, he was able to distance himself from it to help democrats. >> much like the republican brand now. >> exactly. >> look, let me -- erin? >> yes, roland. >> last i checked, criticizing congress is not going to somehow hurt you with the american people. so governor christie is frankly walking on -- like jesus walking on water criticizing republicans and democrats in congress. but here's the other piece you have to keep in mind. we're four years away. this whole notion of what's going to happen, so many things could very well happen. but if chris christie is able to reach out to grassroots folks, he's all about trying to appeal to republicans in congress, republican governors. it's about appealing to grassroots people. if he's able to show that kind of enthusiasm, that kind of energy, that's actually going to drag other people along. >>
a proper environment in which to do their jobs and that will include making sure that don't ask, don't tell and elimination of don't ask, don't tell is fully implemented. >> with regard to the military budget, he has called the military a bloated organization. chairman of the joint chiefs, martin dempsey, said this week that we are on the brink of creating a hollow force. would a secretary of defense hagel pro-provide over the hollowing out of the defense department? >> the biggest concern with respect to who will league out is this sequester that's hanging like a sword over the department. that's what they had tried -- have to not let that happen but with respect to going in and finding things within the department of defense that perhaps you don't need or you can eliminate, if that's what you mean by bloat, i hope he does find bloat and gets rid of it. >> agree with his characterization that it's bloated? >> bloated doesn't necessarily mean the whole department is bloated. bloated mean there is are probably things in the department that you can take a hard look at and determine whether or
with a lot of self-confidence and comfortable in his own skin. in this town, any political environment, you have to get to know the other side and empathize with them. it's not one of his greatest ranks so far. >> you point that out today in your piece, learning how to smooz could be a difference between a good and great presidency for president obama. who f how do you think he's doing so far? >> it's a struggle for him. we saw with the negotiations with republicans specifically speaker boehner, granted the republicans aren't giving an inch and they are very hard-headed and aren't willing to accommodate. but past presidents have had just as tough if not tougher rivals to go up against. instead of running towards boehner and running towards his enemies up on the hill getting to know him. the small favors in politics, visits to the white house, sitting down for drinks, invitations on air force one, those are all small things and to the general public seem petty but they mean a lot in relationships. and the president was very good in springfield illinois, if you talked to people that worked wi
itself in an environment of which the president's won re-election and they don't want him to do anything he wants. they're also very muched concerned generally about what hagel probably intends to do and that is to continue panetta's effort to streamline the pentagon and make budget cuts. those who are in favor of a strong defense are against that and therefore against hagel's perception more cuts are necessary and finally there is a great deal of concern about hagel's statement that unilateral american action in trying to restrict what iran can do economically and with its money, hagel doesn't think that's a good thing to do and lots of people on both sides of the aisle in the senate who disagree with hagel about that and hearing about that in the hearings. >> it's interesting, colonel, that, again, going back to his war record and when you look at our nation as the president pointed out, could have a leader as secretary of defense who has been in that situation. he knows what it is like to have young men and women in the mud and the ground and like to see people, you go in to war with
year for the s&p. it'll get you to 1,550? >> we are in a mid single digit equities environment. it's not horrible as long as you're not expecting something that's, you know, that's 10%. >> look at some of these releases. i'm very impressed with the isms for services. very impressed with capital goods, factory order spending, factories isms, even the employment report showed good hours worked in income. are we underestimating the economy? forget washington, put that aside. >> are you underestimating the economy? it'll be 3% instead of 2%? >> it could be. let's put it this way. if you look, for example, at the cbo budget numbers, they are looking for this thing to get to 3%, 4%, 5%, over the next two or three years, i think those are silly numbers. could we be in the high twos? not without a question. especially if you can unlock this lack of business confidence that's out there, that to me is the most important. >> i love the fact that gold is falling almost on a daily basis. because when gold falls, people are investing in more productive assets. reminds me of the '80s and '90s. >>
been in that environment. he had a wife and i think two children. he is representative of the force. and if you think not just to the service member but of the wife. the spousal husband whos ever back with the children with repetitive years gone, repetitive stresses and strains. they're an extraordinarily professional force. to my knowledge this is the first time we fought a lengthy war with a completely professional force. we don't really know the long term impact. it's held together well but there are a lot of disturbing numbers like suicides which worries me a lot. >> schieffer: it seems to me that we are asking a military to do more than it is designed to do. and people are talking about reducing the size of the military but it seems to me if we're going to ask the same of the military that we're asking now, we actually need a larger military. and i don't think that's going to happen. >> well, i would take it in a slightly different direction. we are asking the same military but i'm not sure it's a military that the american people know. most of us see a soldier or sailor airma
to answer to his royal grandchild about the state of the environment. >> i'm going to be confronted by my future grandchild. why didn't you do something? so clearly now there is a -- we'll have a grandchild, it makes it even more obvious. to try and make sure we have -- leave them something that isn't a totally poisoned chalice. >> prince charles revealed he does worry about his son harry serving in afghanistan. >>> forking over some serious dough for wonder bread. cnbc's mandy drury is here with what's moving your money. reports two bidders have emerged in the hostess bankruptcy talks to buy the bread part of the business. >> that's right. flowers foods and grupo. two names thrown around before reportedly in discussions to acquire pieces of the bread business as hostess is basically selling off assets now in a bankruptcy court auction which could be as soon as this week. there are reports of other interested parties. those two are supposedly the opening bidders. as for how much they might have to fork over, you've got the bread business and it's got lots of brands. things like wonder bre
diversity and we are in a tough political environment. with key cabinet picks already announced, the defense, state, and cia, the shift is now on others. >> does he settle on these names or still sifting through tough choices? >> he will make an announcement when he makes a decision. >> reporter: timothy geithner is expected to leave and although wall street and progressives are he can pressed concerns. someone with business expertise and with lisa jackson departing the environmental protection agency, a replacement is needed for her, too. it's a second-term ritual that douglas brinkley is often -- >> they pick people they wish they could have picked the first time around but you can't with the politics of a campaign when you're first making to the white house. >> reporter: climate is still a factor. susan rice withdrew her name to replace hillary clinton under pressure over her actions after the benghazi attacks. >> i think the political climate matters a lot now with who you pick. it shouldn't but it does. >> reporter: and there's pressure under the president to consider diversity after a
the environment. >> reporter: environmentalists say this airport sits on top of an aquifer that supplies the town and the rest of long island with its drinking water. presumably what is above-ground affects what is below ground. the water comes below ground. if vehicles are sitting above it they could be leaking things like oil or gas and they are concerned it will taint what comes out of the taps. >> road runnoff is the third largest contributor to ground pollution on long island. these people have gone to the center of the island's most pristine drinking water supply and put some 35,000 wrecked vehicles. a truly bad idea. >> reporter: well the town says there are 15,000, not 35 thousand cars. they're parked on pavement. they're all inspected every day and they will all be gone in three to six months, martha. martha: interesting story. thanks so much, rick. bill: now to a murder mystery after a lottery winner is found dead right after winning the jackpot. what happened there? martha: that is a strange story. the gun control fight is heating up while consumers what? customers didn't like it. so w
that [ bleep ]. did you take what she said seriously? >> it felt like an unsafe work environment. any time anybody is reeling threats at somebody, you know, that's not appropriate sitting there on the road with two babies. i'm not going to take any chances. so yeah, i did hire more security. >> reporter: nicky has denied saying anything about a gun, calling it a fabrication. when we asked her for a comment, her representative told us, she's said what she is saying about this topic. >> i'm doing this show, it's fun but it's not my life. >> reporter: indeed, these days her life is about being mom to her well-dressed 20-month-old twins. the girl, named monroe. >> i call her miss monroe. that kind of dictated her personality. she's a total diva. she's fascinated by jewelry, chandeliers. >> reporter: and a little boy named moroccan. >> we call him rock. he's my pal. he'll just watch movies with me. we have fun. it's just fun. >> reporter: for now, mariah is trying to stay close to home to spend quality time with the twins. and she says she and nicky have made up. we will get to see if that's tr
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